VENDR BLOG

SaaS buying, management and procurement resources for growing teams.

2022 SaaS buying trend report: Learnings from another year of SaaS savings

To say 2021 and 2022 have been a wild ride for software buying is an understatement. The first half of 2021 saw companies inching out of the active ...

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Contract management: Process, stages, & examples

It would be great if contract management was as simple as adding agreed-upon details, collecting signatures, and calling it a day. But we live in the ...

The vendor management best practices you need to know

Once you learn the ins and outs of vendor management, you realize the important role it plays in growing a successful business.  Managing vendor ...

Everything you need to know about the vendor management framework

A well-designed vendor management framework enables you to manage your expenses more efficiently, optimize your buying process, and ensure you get ...

What is procurement management, and why is it important?

Procurement management is a critical component of running a profitable business. When managed well, a business stays profitable and overhead costs ...

Your expert guide to procurement: Processes, types, and stages

Procurement plays a critical role in a company’s growth and profitability. For that reason, it’s worth crafting a procurement process that's ...

RFI vs. RFP vs. RFQ: What's the difference?

The acronyms for a request for information (RFI), a request for proposal (RFP), and a request for quotation (RFQ) are similar enough to be easily ...

What is the procure-to-pay (p2p) process?

Procurement can often be an involved process. There are ethics to uphold, purchase orders to check for accuracy, and vendors to contact. Yet when you ...

Cost performance index formula: What it is and when to use it

When working on a long-term project—whether physically building something or developing a software tool or product offering— it’s important to keep ...

How to build long-term relationships with your software vendors

Supplier relationship management is an important part of your business operations. By properly aligning with your supplier for the long term, you can ...

5 best practices for managing and negotiating software contract risks

Contract negotiation talk often focuses heavily on pricing, but getting a deal isn’t the only objective when negotiating SaaS. Equally important is ...

How to mitigate against procurement fraud [with examples]

Procurement fraud is a costly and difficult-to-control aspect of the procurement process for businesses of every size. It’s difficult to spot and ...

The entire modern software procurement process, step by step

Effective procurement management means something different in the age of SaaS. Getting by with spreadsheets is no longer effective and can cost more ...

Better manage SaaS vendors with one of these supplier management models

If your organization has prioritized improving supplier performance and management, it’s important to know where to start, what frameworks and ...

What our $150M Series B means for the future of SaaS buying, and for you

I’m proud to announce that we’ve raised a $150M Series B funding round, co-led by return investor Craft Ventures and new investor SoftBank Vision ...